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November 18, 2024
Economy

Trump told Saudi King he wouldn’t last ‘2 weeks’ without US support

October 05, 2018 at 02:32 PM
The Saudi Arabian monarchy would fall “within two weeks” if it wasn’t for the military support that the US has provided to the Gulf kingdom over the decades, Donald Trump noted in graceless remarks to the King. Read More »

Oil heading to $100 & OPEC is ‘powerless to prevent it’ – analyst

October 04, 2018 at 10:16 AM
Crude prices will likely reach $100 per barrel for the first time since 2014, and OPEC has no leverage to prevent such a scenario, an analyst has warned. Read More »

High oil prices make Americans question the Trump administration’s work – analyst to RT

October 01, 2018 at 02:11 PM
Surging crude prices are causing rises in US gasoline prices. President Donald Trump can’t afford that before the upcoming US midterm elections, says Andy Lipow, president of Lipow Oil Associates. Read More »

Trade war may boost Chinese economy & hurt US growth – ECB

September 27, 2018 at 02:42 PM
The United States will have most to lose if it starts a trade war with other countries, while China would be better off after retaliating, research from the European Central Bank shows. Read More »

Washington cannot dictate who Europeans should and shouldn't trade with - Belgian PM

September 27, 2018 at 02:38 PM
The United States has no right to tell European companies who they can trade and develop economic relations with, according to the Belgian Prime Minister Charles Michel. Read More »

All US imports from China could be hit with tariffs – Goldman

September 25, 2018 at 01:30 PM
There is a strong possibility that US President Donald Trump will impose tariffs on all goods coming into America from China, says investment bank Goldman Sachs. Read More »

US Creating Serious Threat to Multilateral Free Trade System - China

September 25, 2018 at 10:34 AM
The United States and China imposed new tariffs on each other's goods on Monday, as the world's two biggest economies showed no sign of backing down from an escalating trade dispute that has left global financial markets in disarray. Read More »

'We're going to win!' Pompeo vows China trade war will last until Americans get what they 'deserve'

September 24, 2018 at 02:47 PM
As the latest US and Chinese tit-for-tat tariffs are about to take effect, Mike Pompeo has reassured Americans that any inconveniences they might suffer in the trade war are temporary, before they emerge victorious and prosperous. Read More »

US-China tariffs exchange could have 'significant economic costs' to global economy - IMF

September 21, 2018 at 02:09 PM
The International Monetary Fund has warned about the casualties of the trade war between the world’s largest economies, the US and China, AFP reports. Read More »

US-China trade war could last 20 years, warns Jack Ma

September 19, 2018 at 02:20 PM
Chinese billionaire and Alibaba founder Jack Ma said on Tuesday that trade frictions between Washington and Beijing could last for two decades and would be “a mess” for all parties involved. Read More »
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